Systems Software

Stifel Nicolaus is out with its report today on Red Hat (NYSE: RHT), lowering its PT to $42 from $49. In its report, Stifel Nicolaus writes, "We have lowered our price target to reflect the impact we think the slower economic recovery will have on Red Hat's business. Our revised 12-month target...

Stifel Nicolaus is out with its report today on VMware (NYSE: VMW), maintaining Hold. In its report, Stifel Nicolaus writes, "We are maintaining our Hold rating on shares of VMW. Shares are trading at 7.2x our revised FY12 EV/revenue estimates, which remain a premium to the peer group at 3.4x,...

Stifel Nicolaus is out with its report today on BMC Software (NYSE: BMC), maintaining Hold. In its report, Stifel Nicolaus writes, "We are maintaining our Hold rating on shares of BMC. BMC shares currently trade at 11x our CY2012 EPS estimate, a discount to the peer group median at 15.5x. We think...

Stifel Nicolaus is out with its report today on Microsoft (NASDAQ: MSFT) lowering its PT to $32 from $37. In its report, Stifel Nicolaus writes, "We have lowered our price target to reflect the impact we think the slower economic recovery will have on Microsoft's business. Our revised 12-month...

In a joint event in Beijing today, Microsoft (NASDAQ: MSFT) and China's leading domestic Linux operating system provider, China Standard Software, signed an agreement to jointly develop, market and sell solutions for the booming cloud-computing market in China. The primary goal of this agreement is...

Shares of BMC Software (NYSE: BMC) are higher on the session by 0.75%, currently trading at $37.76. The stock has been moving largely lower over the past three months and is currently trading below the 50-day moving average. Options traders are focusing on puts today. A short while ago the...

comScore, Inc. (NASDAQ: SCOR) today released data from the comScore Video Metrix service showing that 180 million U.S. Internet users watched online video content in July for an average of 18.5 hours per viewer. The total U.S. Internet audience engaged in a record 6.9 billion viewing sessions....

Shares of Symantec (NASDAQ: SYMC) are higher on the session by 1.62%, currently trading at $15.67. The stock has been moving largely lower over the past two months and is currently trading below the 50-day average. Options traders are focusing on calls today. A short while ago the January 2013 $20...

Even with a very strong and bullish open, the bears, nevertheless, took it as another shorting opportunity. I am watching 1134 on the S&P to see whether we can hold those intraday lows. We break that I think we will likely fill the morning gap up.  I've provided a few bounce plays, two of which...

Travelzoo Inc (NASDAQ: TZOO) shares surged 6.57% to $34.69 at 10:24 am. The volume of TZOO shares traded was 64% higher than normal. TZOO's board of directors authorized the repurchase of up to 500,000 of the company's outstanding common shares. Allot Communications Ltd (NASDAQ: ALLT) shares moved...

NCR Corporation (NYSE: NCR) today announced the successful completion of the cash tender offer through its wholly owned subsidiary, Ranger Acquisition Corporation, for all of the outstanding shares of common stock of Radiant Systems, Inc. (NASDAQ: RADS) for $28.00 per share, net to the seller in...

TeleCommunication Systems, Inc. (NASDAQ: TSYS) today announced that it has been named as an awardee under a blanket purchase agreement to provide consulting, information technology, and support services to the U.S. Army. The potential value of awards under this BPA is $5 million per year through...

We have heard the countless iPad 3 rumors, but it looks like we finally have a concrete date for the next tablet from Apple (NASDAQ: AAPL). The Wall Street Journal is reporting Steve Jobs and the rest of his team in Cupertino, Calif. are planning to launch the third version of the iPad in early...

By Sean Udall I feel there are rampant misconceptions swirling around since the announced merger of Google (GOOG) and Motorola Mobility (MMI). I will address these, and share my views and predictions. Even though a number of others are looking at many supposed obvious "issues," the development and...

Last night, Hewlett-Packard (NYSE: HPQ) announced it would be buying Autonomy for $42.11 per share in cash, a 64% premium to yesterday's close. In a market rife with volatility and uncertainty, Leo Apotheker is spending a huge amount of money, and paying a huge premium to transition HP. This is...